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    Property profile & analytics

    1216 Main St Frederick, OK 73542-2027

    • Turn key restaurants
    • 1,860 SF
    • 0.08 lot acres
    OFF-MARKET
    Value Estimation
    $80,000
    Last Sale
    May 23, 2022
    $60,000
    Location Intelligence
    Property ID
    US69-2035777
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • The Grill / Mexican Restaurant

    Property Details for 1216 Main St

    Year built
    1976
    Lot size
    0.08 lot acres
    Property size
    1,860 SF
    Property type
    Turn key restaurants
    APN
    1230-00-002-004-0-000-00
    APU
    123000002004000000

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Frederick
    County
    Tillman
    State
    Oklahoma
    Longitude
    -99.0162
    Latitude
    34.402

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $637
    $444
    $6,327
    $6,771
    -
    $3,700
    $52,723
    $56,423

    Comparable in this City

    • Value Estimation by Request
      1,200 SF

      800 Gladstone Ave

      RESTAURANT • 1,200 SF
      800 Gladstone Ave, Frederick, OK 73542-2618
      View Details
    • Value Estimation by Request
      1,680 SF

      610 Main St

      RESTAURANT • 1,680 SF
      610 Main St, Frederick, OK 73542-6804
      View Details
    • Value Estimation by Request
      1,440 SF

      610 Gladstone Ave

      RESTAURANT • 1,440 SF
      610 Gladstone Ave, Frederick, OK 73542-4619
      View Details
    • Value Estimation by Request
      1,800 SF

      114 Grand Ave

      RESTAURANT • 1,800 SF
      114 Grand Ave, Frederick, OK 73542-5436
      View Details
    • Value Estimation by Request
      2,470 SF

      219 Grand Ave

      RESTAURANT • 2,470 SF
      219 Grand Ave, Frederick, OK 73542-5229
      View Details
    • Value Estimation by Request
      5,594 SF

      1120 10th St

      RESTAURANT • 5,594 SF
      1120 10th St, Frederick, OK 73542
      View Details

    Similar Nearby for Sale

    • $245,000
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      Frederick, OK Mixed-Use Property

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    • $125,000
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      Downtown Frederick Storefront

      Prime Retail Space, Vacant, Turnkey Ready
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      Triplex in Frederick, OK with excellent return on investment.
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    • $208,000
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      Versatile 80-Acre Oklahoma Land

      Multiple-use tract with native grasses, cultivation potential, and building sites.
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    • $224,000
      80.00 Acres

      Multi-Use Land in Tillman County

      80-acre property ideal for ranching, farming, recreation, or homesite.
      000 N 2260 Rd-80, Frederick, OK 73542
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    • $1,050,000
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      Prominent Self-Storage Facility in Frederick

      Largest self-storage facility with strong occupancy and growth potential.
      826 S 10Th St, Frederick, OK 73542
      View Details
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    1216 Main St
    Frederick, OK 73542-2027
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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